Wärtsilä engines again the choice for major Texas utility power plant project [Yahoo! Finance]
WARTSILA CORP UNSP/ADR (WRTBY)
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Source: Yahoo! Finance
HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Technology group Wärtsilä has again been awarded a major contract by the Lower Colorado River Authority (LCRA), a river authority based in Austin, Texas, that provides wholesale power to the Texas power grid. Following an order by LCRA for ten Wärtsilä engines generating an output of approximately 190 MW in 2022, the new order for a further ten Wärtsilä 50SG engines will double the earlier output. The order was booked by Wärtsilä in March 2024. The new Timmerman Power Plant, located near Maxwell, Texas, will supply additional capacity needed to support LCRA's customers and support the Texas power grid and ERCOT, the Texas electrical grid operator. ERCOT supplies power to more than 26 million customers, or about 90 percent of the state's electric load. The additional capacity will help alleviate supply challenges created by load growth and the retirement of ageing plants in Texas. Furthermore, the fast-starting Wärtsilä engines will provid
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